Chrysler Threatens World Order

[24/7 Wall St.]

24/7 Wall St. Daily News

http://www.247wallst.com/images/2008/12/03/r218533_855025_2.jpg (http://247wallstreet.typepad.com/.shared/image.html?/photos/uncategorized/2008/12/03/r218533_855025_2.jpg)Fighters who are about to go down for good always resort to fighting dirty. Why not? Nothing to lose.

Jim Press, Chrysler's vice chairman, repeated the party line. If we don't get cash, we go under.

Today, he added a nice wrinkle. According to the AP, he said "If we have a catastrophic failure of one of these car companies, in this tender environment for the economy, it's a huge blow. It could trigger a depression."

If we go under, we are taking the world with us.

Douglas A. McIntyre

http://feeds.feedburner.com/~f/typepad/RyNm?i=SJ8NO (http://feeds.feedburner.com/~f/typepad/RyNm?a=SJ8NO) http://feeds.feedburner.com/~f/typepad/RyNm?i=POvIO (http://feeds.feedburner.com/~f/typepad/RyNm?a=POvIO) http://feeds.feedburner.com/~f/typepad/RyNm?i=r3Yuo (http://feeds.feedburner.com/~f/typepad/RyNm?a=r3Yuo)


complete story here... (http://www.247wallst.com/2008/12/chrysler-threat.html)